On March 18, 2025, Merit Financial Advisors announced its acquisition of Sanctuary Wealth Management.
Wealth Enhancement Group (“WEG”) announced, on March 26, 2025, its agreement to acquire Marcum Wealth (“Marcum”). The deal is expected to close in May 2025. Further terms of the transaction were not disclosed.
WEG, based in Plymouth, Minnesota, is a registered investment advisor and independent wealth management firm that offers financial planning and investment management services. As of February 2025, WEG had approximately $107.5 billion in client assets.
Marcum, based in Cleveland, Ohio, is a registered investment advisor offering comprehensive financial planning and wealth management services for multi-generational families along with exit planning and retirement plan solutions for business owners. As of December 2024, Marcum had approximately $4.3 billion in client assets. Berkshire Global Advisors served as exclusive financial advisor to Marcum in the transaction.
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